Real GDP Chart Since 1947 With Trendline – 2nd Quarter 2016

For reference purposes, below is a chart from Doug Short’s “Q2 GDP Advance Estimate:  A Major Downside Surprise” post of July 29, 2016, depicting Real GDP, with a trendline, as depicted.  This chart reflects the Gross Domestic Product Q2 2016 Advance Estimate (pdf) of July 29, 2016:

Real GDP chart


The Special Note summarizes my overall thoughts about our economic situation

SPX at 2172.89 as this post is written